It Is Possible To Reduce IRS Penalties And Interest

There are many reasons why the IRS charges penalties and interest. Maybe you filed a late tax return or did not file a return at all. Maybe you were audited and the IRS determined that you understated your income on a return. Whatever the reason, IRS penalties and interest can be greater than the total amount of the original tax.

The IRS pursues the collection of penalties and interest just as aggressively as the original tax. Your wages and bank accounts can be levied and tax liens can be filed. However, you do have options. Contact an attorney at The Peck Group, LC, to discuss them. We offer a free half-hour consultation.

Are You Being Penalized Despite Reasonable Cause?

Is there a reason that an IRS penalty should not apply to you? Has your tax liability been calculated incorrectly? If your answer was yes, you may have a basis to have the penalties removed. Special circumstances that may qualify for relief include:

  • Reliance on incorrect advice from the IRS
  • Reliance on a bad accountant or a tax advisor
  • Death or serious health condition suffered by a family member
  • Mental or physical illness
  • Drug or related dependency problems
  • Extended military service

There are numerous other circumstances that may result in removal of an IRS tax penalty. The outcome of each case can vary depending upon how your case is presented. The combination of detailed documentation of your unique circumstances, and a detailed understanding of tax law and IRS regulations could be critical to your success.

The Peck Group, LC, represents clients who are faced with mounting penalties and interest. Let us analyze your circumstances, establish a workable plan to minimize IRS penalties and interest, and settle your IRS debt once and for all.

Contact Us Now For A Free Half-Hour Consultation With A Lawyer

There are a number of options for resolving IRS problems. To learn more about how The Peck Group, LC, can help you, contact us online or call 770-884-6914. From our offices in Atlanta, Georgia, we represent clients nationwide in IRS cases.